NEWS RELEASE

                                                                                       Office of the Official Opposition

January 27, 2012
For Immediate Release

Double Standard on Muskrat Falls troubling: Jones

Liberal Opposition Energy Critic Yvonne Jones says that it’s hypocritical of the Dunderdale Government to not allow the Public Utilities Board (PUB) the time it needs to finish their report, while at the same time indefinitely extending the deadline for Nalcor and Emera to finalize their term sheet.

“Why is it okay for Nalcor and Emera to have an indefinite deadline while the PUB is forced to produce an inadequate report?” asked Jones. “The idea of taking the time necessary to get it right should also apply to the PUB.”

Jones stated that she hopes this missed deadline by Nalcor is a sign that government is reconsidering their commitments to Emera and the sweet deal offered to Nova Scotia ratepayers.

“I’ve always said that the deal with Emera is a bad one, selling discounted power to residents of Nova Scotia while providing nothing for the residents of Labrador,” said Jones. “I certainly hope this is a sign that Nalcor and government are rethinking their direction on Muskrat Falls.”

Jones noted that future plans on the Lower Churchill should first and foremost benefit the people of Labrador and provide energy for the booming mining industry.

“The Dunderdale Government likes to talk about using Muskrat Falls power in Labrador, but in fact there is nothing in their plan for using or transmitting this power in Labrador,” said Jones. “I encourage the government to scrap their ill-fated deal with Emera and begin the process of negotiating power purchase agreements with mining companies in Labrador. That would satisfy power needs in Labrador and reduce the significant financial risks that the Dunderdale Government is heaping on all Newfoundlanders and Labradorians.”

 

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Media Contact: 

Peter Miles| Director of Communications
Office of the Official Opposition
(709) 729-6151     petermiles@gov.nl.ca